Author: Damini Sahu
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India: Portside US high-CV thermal coal prices under pressure amid comfortable inventories, measured offtake
West coast port stocks stand at over 237,000 t, weekly lifting close to 100,000 t Wide gap between import costs, domestic realisations suggests margin pressure The Indian market for imported US high-calorific thermal coal is entering a phase of divergence. While international replacement costs have risen on the back of freight and tightening Atlantic supply…